domicile Hear it!

domicile definition - finance
A legal place of residence, used when filing corporate reports with the stateÂ’s secretary of state and when filing income taxes. Domiciles are established when the corporation files papers of incorporation with the secretary of state. For individuals, domicile is established by having a permanent home, registering to vote, or obtaining a driverÂ’s license.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.